According to the public record, 31, Mulberry Lane, Portsmouth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,000 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mulberry Lane, Portsmouth, PO6 is located within the PO6 postal district.
31, Mulberry Lane, Portsmouth has a single entry in the Land Registry database from June 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31 Mulberry Lane Portsmouth as £502,441 and the rental value as £1,950 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 31 Mulberry Lane Portsmouth has increased by £11,345 (2.3%) and its rental value has increased by £119 per month (6.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 31, Mulberry Lane, Portsmouth is in very good condition we estimate a sale value of £527,563 and rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,270 and a rental value of £1,814 per month.
If you were able to purchase this property for the estimated value of £502,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,469 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 31, Mulberry Lane, Portsmouth was last sold on 27 Jun 2012 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2012, the market for similar properties has risen 76.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Mulberry Lane, Portsmouth within a radius of 296m over the last 2 years.
The most recent example is Kenarth, Court Lane, Portsmouth, PO6 2LG, a Freehold house which sold for £395,000 in Sep 2021.
Read more about house prices in PO6.
Mulberry Lane, Portsmouth, PO6 has a total of 30 addresses. According to our analysis of all the public data, 31, Mulberry Lane, Portsmouth is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £191k more expensive than the average property in PO6.
The closest station to 31, Mulberry Lane, Portsmouth is Cosham station which is 600 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Mulberry Lane, Portsmouth, 43.2% of property is privately owned outright and 31.8% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 31, Mulberry Lane, Portsmouth, 14.0% of residents are recorded as possessing school level qualifications and 32.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 31, Mulberry Lane, Portsmouth, the average age was 46.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 31, Mulberry Lane, Portsmouth, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 31, Mulberry Lane, Portsmouth, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.